SBI Cards IPO GMP Today, SBI Cards Grey Market Premium

SBI Cards files ₹10,000 crores IPO papers with SEBI. SBI to divest up to 4% stake in their subsidiary SBI Cards. The SBI Cards IPO date is not announced yet. SBI Cards and Payment Services Pvt Ltd (SBICPS) is the credit card unit of the State Bank of India. The company to raise between ₹8,500 crores and ₹9,500 crores. The value of the company is estimated at around ₹60,000 crores It will be one of the largest stock market listings in the country.

As the market is not going so well, therefore, the premium has also fallen down, but this SBI Cards IPO is expected to go Over Subscribe. Check out SBI Cards IPO grey market premium, Kostak rates and subject to sauda rates as on today.

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.– We are not buying and selling IPO forms on IPO Grey Market.– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies